MIPCOM 2012: Sierra Affinity Enters TV Business With Engine TV, Georgeville – The Hollywood Reporter

The U.S. television business is beginning to resemble the feature film business – as the studios/networks reduce the volume of in-house production and increasingly look to outside suppliers to provide new series. The expertise of sales and financing operations such as Sierra – accustomed to tapping private equity and international funding to bankroll feature films which are then sold to studio distributors – seems custom designed for this new world of indie-financed TV. Later this week, Harvey Weinstein will give a keynote address here at MIPCOM in which he is expected to announced a similar push into international television production and distribution by The Weinstein Company.

via MIPCOM 2012: Sierra Affinity Enters TV Business With Engine TV, Georgeville – The Hollywood Reporter.